XPO Logistics Inc. said the current economic environment has compelled it to step back from earlier plans to explore the sale or spinoff of some of its assets.
March 20, 2020Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
NTSB Blames Drivers, Tesla, Lax Regulations in Florida Crash
The National Transportation Safety Board says two drivers, Tesla and lax regulation of new partially automated driving systems are to blame for a fatal 2019 crash in Florida involving a Tesla on Autopilot.
March 20, 2020Truckers Haul Supplies While Coronavirus Keeps Many at °®¶¹´«Ã½
The truckers who haul toilet paper, hand sanitizer and ground beef to retail shelves across the country have their work cut out for them as stores try to rebound from the panic buying that has characterized the coronavirus crisis.
March 20, 2020Automakers Seek Assistance After Trump Says He’ll Help Industry
Automakers and parts suppliers both asked lawmakers for stimulus measures to help the U.S. car industry cope with the coronavirus, with President Donald Trump signaling he’s willing to assist the sector.
March 20, 2020US-Mexico Border to Close; Trade Will Keep Moving
Following similar action along the Canadian border, the White House has closed the United States’ border with Mexico to nonessential traffic, but is exempting trade and commerce from the ban.
March 20, 2020Donaldson Expands Filter Minder Offerings
Donaldson Co. Inc. announced it is offering its Filter Minder wireless monitoring system for air filters on heavy-duty engines after 18 months of successful field testing. The connected technology is intended to optimize fleet maintenance practices in off-road equipment and on-road truck fleets.
March 20, 2020Eaton Cummins to Expand Automated Transmission Lineup
Eaton Cummins Automated Transmission Technologies announced it is expanding its Endurant automated transmission lineup with the Endurant XD series, which is undergoing testing under severe conditions and is scheduled to be available in 2021.
March 20, 2020Tesla Suspends More Production; Elon Musk Says He’s Working on Ventilators
Tesla Inc. announced March 19 that it would suspend most production and close its factories in Buffalo, N.Y., and California due to the coronavirus pandemic.
March 20, 2020Anthony Levandowski Pleads Guilty to Stealing Trade Secrets From Google
Autonomous technology developer Anthony Levandowski has pleaded guilty to federal theft of trade secrets charges, according to documents filed in federal court March 19.
March 20, 2020Tire Makers Take Unprecedented Temporary Shutdown Action
Leading tire makers serving the North American commercial vehicle market reported, separately, they have paused production, while warehouse and distribution operations continue. All manufacturers cited the COVID-19 crisis and a steep decline in demand.
March 20, 2020Trending
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